AUDUSD Yearly Trendline Broken

Hi Traders!

AUDUSD has broken its yearly trendline resistance as the bulls have taken over.

Here are the details:

The yearly trendline is now broken. Since the break and close above the 20 EMA, the price action has looked very bullish. Our plan is to buy the market dips by looking for an entry near the trendline resistance and an exit near the mid-year range resistance zone.

Preferred Direction: Buy

Entry Level: 0.66532

Stop Level: 0.65089

Target Level: 0.69418

Technical Indicators: 20 EMA

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Trade safely and responsibly.

BluetonaFX